According to the latest research report titled "Ground Handling Software Market Forecast to 2028 - COVID-19 Impact and Global Analysis," published by The Insight Partners, the ground handling software market size is expected to reach US$ 4,431.98 million by 2028, registering a CAGR of 5.9% during 2021-2028.

The ground handling software market is expected to experience growth during the forecast period due to increasing investments in airport construction and expansion. The global aviation sector is experiencing significant growth in passenger numbers, aircraft orders and deliveries, airport infrastructure, and government support. Governments around the world, both in developed and developing countries, are actively working to advance the aviation industry and its associated industries. As a result, there is a growing need for ground handling services, which is driving the ground handling software market share.

Based on data from the Airport Council International (ACI), air passenger traffic is growing at varying rates across different regions, with the highest growth rate in Asia Pacific at 10%, followed by Europe at 8.8%, Africa at 6.3%, Middle East at 5.8%, South America at 4.0%, and North America at 3.7%. To accommodate this growth, significant investments are being made to build new airports or expand existing infrastructure. According to the Center for Aviation (CAPA), investments in new airport construction were particularly high in 2019, with a majority of investments coming from Asia Pacific. Renovation and expansion activities at existing airports are also contributing substantially to the growth of the ground handling software market, with significant impact observed over the past three years.

North America was significantly impacted by the COVID-19 pandemic, mainly due to the high volume of immigrants traveling through the region and the absence of an initial stage lockdown in the country. Moreover, the rapid spread of the disease was aided by the presence of numerous virus carriers in the US, making it the worst-hit country in the region with thousands of infected individuals facing severe health conditions.

The US government's imposition of a nationwide lockdown in response to the increasing number of COVID-19 cases has led to a reduction in air travel, resulting in decreased airport revenue. Although the US airports have shown decent adoption rates of technology, the closure of airports has led to a significant reduction in demand, thereby negatively impacting the growth of the ground handling software market.

Key Findings of Study:

The analysis of the global ground handling software market is divided by country, with the market being segmented into five key regions - North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South America (SAM). With the airport industry witnessing a remarkable surge in air passenger traffic and cargo volumes, there is an increasing need for strong information technology (IT) solutions. To keep up with this growth, airports in developed and developing nations are focusing on enhancing their IT infrastructure.

Robust software solutions are in high demand to facilitate airport managers with essential insights and analysis for future operations, as airports around the world continue to undergo digital transformation strategies with strong governmental support. This trend is fueling significant growth in the ground handling software market.

A recent study conducted by ACI and SITA reveals that airports worldwide are investing in advanced cybersecurity technologies and self-service technologies for passengers. The study indicates a growing trend of airports adopting new technologies like biometric tokens, artificial intelligence (AI), and sensors to enhance passengers' experiences by providing them with a personalized, hassle-free journey.

The continuous growth in airfreight volumes has led airports to invest in advanced technologies for smooth operations at the terminal and landside areas. To facilitate cargo-handling operations, airports are allocating significant investments in their respective IT departments, especially cargo departments. The increasing demand for ground handling activities necessitates software-based solutions to streamline processes, which has increased the need for products offered by various software developers. As a result, the ground handling software market is experiencing growth.

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